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Wed 4 Jul 2007, 14:16 PAP - Pangbourne Properties - Change to Directors`
PAP
 PAP                                                                             
PAP - Pangbourne Properties - Change to Directors` Designations                 
PANGBOURNE PROPERTIES LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/002352/06)                                            
JSE Code: PAP               ISIN: ZAE000005252                                  
("Pangbourne" or "the Company")                                                 
Change to Directors` Designations                                               
Holders of Pangbourne combined units are advised that the position of Mr D J    
Kennedy and Mr A J W L Richards on the board of directors of the Company has    
changed from executive director to non-executive director with effect from 1    
July 2007.   In addition to their non-executive duties both directors will also 
provide a consultancy service to the Company.                                   
Craighall                                                                       
04 July 2007                                                                    
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Proprietary) Limited                        
(Registration number 1996/000034/07)                                            
Date: 04/07/2007 14:16:37 Produced by the JSE SENS Department.
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